Compliance and Regulatory Requirements

Compliance & Regulatory Assessment

• Analyze applicable GST rules, e-invoicing thresholds, and sector-specific mandates.
• Identify gaps in current invoicing practices and recommend corrective actions.
• Ensure alignment with CGST Act, IRN protocols, and QR code requirements.

 

Invoice Template Design

• Develop customized invoice formats that meet both statutory and business-specific needs.
• Incorporate mandatory fields: GSTINs, HSN/SAC codes, tax breakdowns, IRN, QR code, and digital authentication.
• Embed branding elements and operational data (e.g., PO references, batch numbers, payment terms).

 

Credit Note Process Definition

• Establish a compliant credit note workflow in accordance with Section 34 of the CGST Act.
• Define triggers (returns, overcharges, post-sale discounts), documentation standards, and ERP integration.
• Ensure timely reporting in GSTR-1 and ITC reversal protocols.

 

System Integration & Automation

• Configure ERP or accounting platforms (e.g., Zoho Books, SAP, Tally) for automated invoice and credit note generation.
• Enable e-invoicing API integration with IRP portals.
• Implement audit trails and digital signatures for traceability.